How can I manage my budget while playing slot machines?

Question

What's a good strategy for managing my money when playing slots at a casino?

Answer 1

A good strategy for managing your budget when playing slot machines is to divide your total budget into smaller vouchers and play with one voucher at a time on different machines. For example, if you have a $500 budget, you can create five $100 vouchers. This helps to keep your spending in check and prevents you from using more money than you intended. Once you hit a bonus or lose the voucher, you move on to the next machine with a new voucher.

Comments

When people tell you they won at a casino.  They don’t tell you how much they lost    But if you have a good time it made you happy and that’s a good thing.    Good luck.

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Great video and advice, I like to Go very early to Casino , to relax and not rush, Also beat the crowds, I take a deep breath, hit that button, and have the expectancy of a jackpot  

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Best way to win money is be at the right time and at the right place, and run away with your winning, and don’t stay I casinos more than an hour, win or lose

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I agree 100 % , I have came out on top the last 3 trips to the casino using this method

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First time playing yesterday. Turned 20 into 100. 80$ profit. I got scared and didn’t wanna be greedy so I cashed out. I won’t allow myself to spend more than $20. So it won’t turn into a habit.

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Mondays and Tuesdays seem to be the absolute worst days to play slots at casinos here in Vegas. Probably because less play on the machines during those days. I also noticed a difference in payouts depending on the quality of casino and type of crowd the casino attracts- go to a casino where you have a lot of small bets and low income players then max bet machines and they tend to pay out quickly. Higher end casinos go with the mid range denominations (10 cent/25 cent/50 cent) and mid to max bet. I noticed if you go straight to higher denominations and max bet they don’t pay well at high end casinos.

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I see how you say this works but sometimes I just like to go and play slot machines because they are fun so the money I bring is usually funds that I’m ok with losing it’s like when people spend money on a concert, I chose gambling instead and sometimes you win

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Best way is to save money - don't play slots.  There's no algorithm or formula.  There's probability and that's it.  Best way to lose less is to not play at all.

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I like this strategy, even if the payouts are small. You’re not just feeding one machine 500 dollars and losing.

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If I tried this and got your result, I would have left after the fourth machine.  I have done that kind of thing many times.  It's funny, not really if you want to keep playing, how often you get up 20-30% or more within 1/2 hour.  I do this and leave all the time.  I used to just play and play after getting up quickly, mainly because I just wanted to keep playing slots.  My wife and I both play and thankfully we agree on this, and it's hard, but we just force ourselves to leave up a couple hundred.  I play horses and a number of times I played a pick 5 bet usually around $200, and went to the slots and covered the bet and left.  No one ever lost money at the casino when they left while they were ahead.

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I think sometimes slot players are determined to win the jackpot, that we forget that a $56.00 profit is a very reasonable amount of money to make per hour. And that was only 25 minutes. May not work consistently, but it’s a strategy worth trying for us gamblers. Let’s face it, we’re going to gamble anyway, lol.

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Hey Zack. Like your strategy!
I win a lot and learned to get hand pays written in a check. That keeps me only playing only what I bring to play.
New subscriber  
Slot Hustler

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When my husband and I get the feel to go to the casino, we take out the money we would be willing to lose, then when drive to the nearest department store and buy something we have needed or wanted for a long time. That way, we don't feel like shit at the end of the day because we lost all our money, and we actually have something to show for it!!

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My philosophy when I’m playing a slot machine is I’ll start with $10 if I don’t make any money I move to another machine the way you do it is you lose $100 if it’s not a good machine